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LBRY Claims • the-whales-are-hunting-you

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23 Oct 2019 18:08:56 UTC
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The Whales are Hunting You
Find me on Steemit: www.steemit.com/@heiditravels
Twitter: @blockchainchick
Instagram: @hheidiann
Bit.tube: RealCryptoTips

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LINKS FOR ADDITIONAL READING FOR THIS VIDEO & ALL INFO IN TEXT DOWN BELOW

Here’s an example of one Steemian who got lucky: https://steemit.com/cryptocurrency/@bitcoinbandit/how-to-take-advantage-of-a-whale-in-crypto
Stop-loss hunting on a graph: https://i.imgur.com/P2Yd8cO.png  
Psychological numbers: https://www.dailyfx.com/forex/education/trading_tips/daily_trading_lesson/2012/06/14/Psychological_Whole_Numbers.html

As I explained in the last video going over market manipulation, whales use their deep pockets to create things called sell walls. If you missed that one, find a link to it along with the premier video of this series in the upper right hand corner of the screen here. Today I want to explain more specifically what the whales are looking for so that they can gain the most profits.

Yes whales absolutely manipulate the crypto markets. The whales place huge sells walls hunting for stop loss orders, inciting panic and then scoop up discounted coins.
The key things to remember are:
They typically look for coins that have lower volume on the exchanges so they are easily manipulated, they also tend to do this with coins that they think will be valuable in the future.

They are looking for stop loss orders.
Stop losses are orders set by traders who want to ensure if the coin they are trading drops to a certain price they will exit that position. Stop loss orders will automatically execute and they will sell however many coins were delegated to that order. It’s a safety mechanism that traders use to protect themselves from holding a coin that crashes and burns in a very short period of time.
The thing is, most traders set their stop losses at what are called psychological levels. Usually these are whole rounded numbers because these numbers make it easy for that trader to comprehend how much they would have lost if they sold at that level. You might notice that these types of numbers often get a lot of attention in the media when coins hit all time highs. For example, there was a lot of anticipation as Bitcoin reached the price points of $5,000, $10,000 and so on up until $20,000. You also might notice that many individuals who like to make public price predictions use rounded whole numbers as well.

Getting back to how whales play into all of this…
Whales come to th
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https://www.youtube.com/watch?v=795MFRWa654
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